Apr 20 2010

Unemployment Going Down yet Unemployment Insurance Payouts at Record High in March 2010? The Misleading Government Metrics of Unemployment Insurance. Extended Benefits Highlight a Shadow Market of Unemployed.

In March the Treasury reported a record amount of unemployment insurance being paid out.  $15.4 billion was paid out yet claims have been falling since June of 2009.  What gives?  Well a large number of people are being shifted into EUC programs that are extended versions of unemployment insurance yet this data isn’t reported when […]